1.6 billion U.S. dollarsLyft's net losses stood at just under 1.6 billion U.S. dollars in 2022. This was a larger loss than in 2021, when the company's net loss stood at just over one billion U.S. dollars. Lyft offers a ride-hailing app, but its operations also include shared e-scooter services and self-driving vehicles.
How is Lyft doing financially?
First Quarter 2023 Financial HighlightsRevenue of $1.0 billion, up 14% year-over-year, and $26 million better than our guidance of $975 million1, with the outperformance reflecting rideshare strength. Net loss of $187.6 million compares with $196.9 million in Q1'22 and $588.1 million in Q4'22.
How much is Lyft in debt?
A Look At Lyft's LiabilitiesAccording to the last reported balance sheet, Lyft had liabilities of US$3.02b due within 12 months, and liabilities of US$1.04b due beyond 12 months.